Lianshang News: Recently, Domino's China issued an announcement that it expects total revenue in the first half of 2024 to be no less than 2 billion yuan, with a year-on-year growth rate of no less than 45%. In addition, the company expects net profit in the same period to be no less than 10 million yuan, an increase from the net profit of about 8.8 million yuan in the first half of 2023.
Prior to this, Domino's China had experienced three years of losses.
From 2020 to 2022, Domino's China's net losses were 274 million, 471 million, and 223 million, respectively, with a loss of more than 900 million in three years. But by 2023, its net loss is gradually whatsapp number in australia shrinking. In 2023, the company's total revenue increased by 51% year-on-year to 3.05 billion yuan; net loss was 26.603 million yuan; adjusted net profit (non-IFRS) was 8.778 million yuan, turning losses into profits - judging from its current performance forecast, Domino's China has continued this momentum.
It is worth noting that Domino's China attributed its performance growth mainly to the company's expansion of its store network. Its total number of stores will reach 768 by the end of 2023, with a net increase of 180 throughout the year.
As of June 30, 2024, the number has become 914, a net increase of 146 stores in half a year. Domino's China has stated that the store expansion target for 2024 is 240 stores, and 200 to 300 new stores will be opened in 2025-2026 respectively.
In addition, JD Logistics also provides door-to-door, full-link auto parts supply chain services to a Chinese auto brand customer that is exporting overseas. JD Logistics is responsible for the full-link logistics services from "pickup at domestic factories, export by sea, customs clearance at the destination port, local warehousing overseas and warehouse distribution services". This product service has successfully created a new model for the export of spare parts for Chinese auto brands.